
Last year, the expanded Child Tax Credit monthly payments put money back into the hands of American families when they needed it most, monthly bill time, and allowed families to choose how best to use it. New data proves how well it worked.
The new 2021 U.S. Census Supplemental Poverty Measure report shows that the 2021 Child Tax Credit (CTC) reduced child poverty by 46%. In one year, the expanded CTC pushed the child poverty rate to the lowest level ever measured.